The typical asking rate per listing is in the $10's per square foot per year. The Downtown Little Rock region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 27% of the listings in the Downtown Little Rock are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,610 sqft. Most buildings in this region are close to 3 floors. Most buildings in this area were built in 1939 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Utilities is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Little Rock folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.